The Ubika Technology 20 Index has generated a year-over-year return of nearly 15%
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The Ubika Technology 20 Index has remained flat since our last report dated April 23, 2018. In that time, it outperformed the TSX-V, but underperformed the TSX Capped Information Technology Indices, which fell 3.9% and increased 13.7%, respectively, over the same period. Notable performers for this report include:
- Points International Ltd. (TSX:PTS), which climbed 37% after the initiation of a share buyback program
- theScore Inc. (TSXV:SCR), which surged 100% following a beneficial Supreme Court ruling on gambling regulations
- Photon Control Inc. (TSX:PHO),which jumped 28% following a Buy rating announcement
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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